Brief: Mangalam Cement Approves Setting Up Of 11 MW Waste Heat Recovery Plant
12/02/2018 10:08
Feb 12 (Reuters) - Mangalam Cement Ltd MGLC.NS :
* APPROVED FOR SETTING UP OF 11 MW WASTE HEAT RECOVERY (WHR)
PLANT
AT EXISTING FACTORY AT MORAK, RAJASTHAN
* DEC QUARTER NET PROFIT 27 MILLION RUPEES VERSUS PROFIT
58.5
MILLION RUPEES YEAR AGO
* DEC QUARTER REVENUE FROM OPERATIONS 2.92 BILLION RUPEES
VERSUS
2.70 BILLION RUPEES YEAR AGO
* SAYS APPROVED ISSE OF NCDS ON PRIVATE PLACEMENT BASIS
WORTH UP
TO 2.50 BILLION RUPEES
Source text for Eikon: ID:nBSE1h39yB
Further company coverage: MGLC.NS
((Bangalore.newsroom@thomsonreuters.com;))
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